View the step-by-step solution to:


Products tend to be substitutes when:

A They are sold in different geographic markets

B They are have

different product performance characteristics

C The cross-elasticity of demand is positive

D The have different  occasions for use.

E. None of the above is a statement that products tend to be substitutes 

Top Answer

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.


Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question